Friends of Mt Washington School

Analysis

Friends of Mt Washington School is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Mt Washington School reported income of $72k and spending of $45k, leaving 37% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $99k to $72k (-28%), an average of -28% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Mt Washington School sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Dice Foundation Inc ($72k), Akhand Param Dham of America Corp ($72k) and Riverview Elementary School Parent Teacher Organization ($72k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.